Savannah morning news. [volume] (Savannah) 1868-1887, 1887-01-01
GOSSIP ABOUT CENTRAL.

The Stock Dull With No Buyers
Vanderbilt's Banker in Town.
II any one thinks that interest in the
Raoul-Alexander contest for control OF
the Central railroad has died out, he is
mistaken. There are any number of ru.
mors fying about, all of which seem
reasonable, but none of which can be
traced to an authentic source.
For instance, it is said that we'll
known lawyer has been employed at a
fee OF $4,000 to devise a legal way for
preventing the voting of good many OF
the proxies held by the party out of
possession. Another rumor is that the
Green-Bateman stock, amounting TO
between 1000 and 5000 shares, will not
be voted at all because the holders of it
want to be on good terms with the part v
that wins. The fence, therefore, is
regarded better resting place at present
than the unknown ground on either side
OF it.
Proxies are coming in at a lively rate
from all sources, and they are received
by both parties. There is no way OF
knowing of course which side is getting
the greater number, as both sides appear
confident, and both deal in convincing as
sertions. Said an Alexander man vester-
day: ave are absolutely certain 10 vote
appears To be no way of overcoming this
number OF shares, but it&ns stated
quite positively that Raoul adherert
said to one of his young friends yester-
day: "Young man, if you have any me, oa'
TO be bet on this contRt be sure you &er
bet it on the wrong siUv-,ad2o h%Its
the mistake of betting that trre
party Is going TO get left" What is%
TO do in the face of such exhibitions NJ
confidence from both sides,
There is quite a notable gathering OF
Gem Alexander's friends at the ScreVen.
They are fine looking men and clearly
are here for business. One of the mum.
Der is Mr.. A. b. Holllns, the private
broker OF the VanderbIlts. 1t seems that
he has an interest in the contest. Does
his presence furnish the kew to the cues.
Jion that has heen so frequently asked
lately, viz: Who are the New York mar.
lies VINO are furnishing ooirdemoney to
and perhapssit does Eh~Who can tell !
These a, oke tladntq er s and managers
that it is only tSysthe merest chance thai
their secrets reach the public.
There are men about the city to whom
this contest has has not brought happi
meas. They are the ones who
bought stock on margins and
held on to it too long, or bought
1t at the top notch and held it for higher
notch. How many mistakes of that kind
have been madei How strange 1t is tina
so many refuse to buy thing when it is
cheap but are crazy to buy it when
it reaches point where sound sensa.tells
them it is beyond its INTRINSIC. ,SNlue
There is no accounting foY-~iN<8tAng &c
freaks ofthe human mind. Sqrs stock was
held yesterday at l20, but it might Just o.
well been held at $50 or 200. There were
no buyers at 100. 1t is SAID that 1000
shares could have been had AT that figure,
but the figure wasn't offered. Nobody
seemed to want it-and there was no de.
mand for proxies. It is question whether
there will be any demand for proxies, OF
whether there will be any further demand
for stock in this contest. Strange things
have happened before now, however, and
may happen again. The holders of mar.
gined stock may yet have chance to get
out even, but IL IS doubtful if their chance
is marketable at any price. A few think
that the report that proxies are TO be
questioned to a very great extent has do.
etroyed the market, but that cannot be So
The market is not active because it seems
those who have been buying for contro
have got all they want. IL more stock
were wanted the market would boom al
once, Notwithstanding the question about
the proxies.
There is certain to be pretty lively times
on the day OF the election. The day IL
being waited for with the idea on the par
OF some that 1t will not be without sur
uriees.